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FREMSTAD AS
AS
Active
Org 931969471
Kløftenveien 4, 7140 Opphaug
Site preparation · NACE 4312
Est. 1982
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,6M
+22% vs 2023
EBITDA margin
30.6%
+122% vs 2023
Equity ratio
91.9%
Financial strength
Net profit 2024
NOK 1,2M
+382% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,6M
+22%
EBITDA
NOK 2M
+122%
Net profit
NOK 1,2M
+382%
Total assets
NOK 7,8M
+2%
Equity
NOK 7,2M
+19%
Employees
5
—
Company information
Legal name
FREMSTAD AS
Org number
931969471
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
12. mai 1982
Share capital
—
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Kløftenveien 4, 7140 Opphaug
Phone
+4791750010
Email
fremstad.as@gmail.com
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Companies in Site preparation
Companies in Ørland
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
6M
2020
6M
2021
7M
2022
5M
2023
7M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 489
6 419
7 102
5 387
6 579
Staff expenses
−1 594
−2 200
−1 748
−1 882
−1 155
EBITDA
967
1 030
1 181
906
2 012
Depreciation & amort.
−510
−622
−660
−600
−600
EBIT
456
408
521
306
1 412
Net financials
2
1
3
0
66
Profit before tax
459
408
524
306
1 478
Tax
101
90
115
67
325
Net profit
358
318
409
239
1 153
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 501
7 343
7 859
7 668
7 844
Equity
5 092
5 411
5 819
6 058
7 211
Long-term debt
2 053
1 236
1 223
866
102
Short-term debt
2 356
696
817
743
530
Total debt
4 409
1 933
2 040
1 609
633
Financial ratios
5-year trend
EBITDA margin
30.6%
This company
15.8%
Market median
+94% vs market
2020
2024
Equity ratio
91.9%
This company
38.2%
Market median
+141% vs market
2020
2024
Return on equity
16.0%
This company
18.4%
Market median
+13% vs market
2020
2024
Net profit margin
17.5%
This company
8.1%
Market median
+116% vs market
2020
2024
Asset turnover
0.84×
This company
1.12×
Market median
+25% vs market
2020
2024
Debt / equity
0.09×
This company
0.62×
Market median
+85% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
EE
Erling Eriksen
Deputy Member
Deputy Member
1993
SF
Snorre Fremstad
Chief Executive Officer
Chief Executive Officer
2000
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BF
Brita Fremstad
Board of Directors
1993
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
FREMSTAD AS
(this company)
STRANDHEIM EIENDOM AS
Board network connections
Board members of FREMSTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erling Eriksen
Deputy Member
0 companies
Snorre Fremstad
Chief Executive Officer
0 companies
Brita Fremstad
Board of Directors
0 companies